Tax Free until you are established then the “Rat’s Trap” snaps on your neck and you are stuck to be milked like a cow in a holding chute....
The proper thing to do, and this was done by several companies is take the tax deal, take your profits and build a new pant in the south. Two years before, the bill comes due, move you operations to South Carolina or Texas, and then there is nothing left to tax. Leave the mess in NY.
For proof of this....see Wheatstone.
Wheatstone did it in Syracuse in the 1990’s under Mario’s Enterprise Zone plan. Moved in to NY from Connecticut and split to North Carlina before the taxes caught up with them. I don’t blame Wheatstone, they did what any sane business owner would do. Actually, it a fine model of how to play it, and they ended up with a sweet place in NC to boot.
I see that commercial and I remember the gate at Auschwitz:
“Work will set you free.”